U.S. Bancorp, parent company of U.S. Bank, has appointed Gunjan Kedia as its new president, reporting to Andy Cecere, who will retain the titles of chairman and CEO. Based in Minneapolis, Kedia, 53, will oversee the company’s core business lines: consumer and business banking; payment services; corporate & commercial banking; and wealth, corporate, commercial and institutional banking. Kedia, who joined U.S. Bank in 2016 as head of wealth management and investment services, was previously a vice chair and had her responsibilities expanded in 2023 to include corporate and commercial banking.
